6min chapter

Equity cover image

Newchip's bankruptcy is a cautionary tale for founders

Equity

CHAPTER

Navigating Bankruptcy and Accelerators in the Tech Industry

The chapter discusses a company's bankruptcy stemming from failed warrant negotiations, founder struggles, and decision to shut down. It also explores the caution founders need when selecting accelerator programs, contrasting top accelerators like Y Combinator with challenges faced by smaller ones.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode